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Nov 16, 2012
11/12
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what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these bounces. >> what a significant pop seeing in the stock market, guys. throw up the dow industrials on an intraday. in fact, throw up all three intraday charts because you're going to see quite a dramatic reversal. the dow industrials up 48 points. highs of the day, again, down 50 to 60 points or so as the wraps wrapping up and positive comments of the leaders in the room with the president today. unless you have a rally on wall street and let's get to washington to the north lawn of the white house where john harwood is. this seemed to go as well as one could hope thus far, at least. >> reporter: i thin
what did traders seem to say as you were getting comments from reid, pelosi, boehner and mcconnell? >> trading's so low on the lower end of the trading range, i mentioned yesterday, scott, 1340. we flirted with it today. 1343 the low in the cash. we bounced from there. bounce levels are 1370, 1395. the fact that we're just shy of that, just means that everyone is a little suspect of what's truly going to happen once these fiscal cliff dialogues ratchet up. i would be a seller of these...
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Nov 9, 2012
11/12
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. >> mitch mcconnell and john boehner are heading into a budget summit meeting. you have 30 seconds to whisper in their ear. >> i thought you said you were going to go easy on me today. [laughter] can we keep going on like we have in the last several years? no. does that mainly have to do everything president obama wants them off -- that president obama wants? no. look at what are the ways to deal with that and what the composition of the election is looking at and what they want and how we can do some kind of compromise and still maintain our conservative principles. that is who we are as a party. >> ok, margie. your turn. you have harry reid's year or nancy pelosi or the president's here. 30 seconds. they are walking into the room. what is the one thing you would want them to know? >> one is getting tough when the republicans tried to fight compromise. been tough in a way that demonstrates and exposes -- being tough in a way the democrats -- demonstrates and exposes who is coming to the table. use language does not sound overly processy and overly wonky. there
. >> mitch mcconnell and john boehner are heading into a budget summit meeting. you have 30 seconds to whisper in their ear. >> i thought you said you were going to go easy on me today. [laughter] can we keep going on like we have in the last several years? no. does that mainly have to do everything president obama wants them off -- that president obama wants? no. look at what are the ways to deal with that and what the composition of the election is looking at and what they want...
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Nov 9, 2012
11/12
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MSNBCW
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mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally did take it down, looks like the romney folks had a transition motto all ready to go, a slogan, repeated slogan on the website is smaller, simpler, smarter. when republican speaker of the house john boehner gave his first post election press conference what he thought should happen in this country given the results of the election almost like he thought he was speaking in the context of president-elect romney and smaller simpler smaller branded transition. >> by working together and creating a fairer simpler cleaner tax code, moving to fairer simpler system energized by
mcconnell does not see it that way. on the political wire the romney's campaign would have could have should have transition website today. surely, this was not supposed to go live until mr. romney actually won the election. the campaign did not wait. they presumably accidentally put it up, a transition website for president-elect romney, how to apply for a job with the new romney administration. looks like because they screen shot it before they finally did take it down, looks like the romney...
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Nov 8, 2012
11/12
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MSNBC
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mcconnell less so. mcconnell has a political squeeze happening on him because he's up for re-election in 2014. two things he's worried about. one is a primary challenge. two, ben chandler, great grandson of happy chandler, long time kentucky democratic name lost. suddenly doesn't have a house seat anymore. he might be looking for something to run for in 2014. >> how about ashley judd? >> well, i've heard the ashley judd rumor. i've also heard her running for governor of tennessee, which democrats are trying to get her to run for. i think ashley judd wants to run for office. that's a serious piece of speculation that's been circulating in kentucky. but -- so mcconnell has to play bad cop here. how is the white house going to respond, push back on this? clearly boehner and mcconnell are trying to say, okay, we're going to start in the most -- the most conservative position we can find, even on this day where essentially our side lost and see how the white house reacts. >> a stunning morning, stunning morn
mcconnell less so. mcconnell has a political squeeze happening on him because he's up for re-election in 2014. two things he's worried about. one is a primary challenge. two, ben chandler, great grandson of happy chandler, long time kentucky democratic name lost. suddenly doesn't have a house seat anymore. he might be looking for something to run for in 2014. >> how about ashley judd? >> well, i've heard the ashley judd rumor. i've also heard her running for governor of tennessee,...
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Nov 8, 2012
11/12
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MSNBC
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combine that on the other side with mcconnell as michael just pointed out and you have is there still a grover norquist impact, or has that evaporated or gone by the election? does that still exist, that pressure on republicans that sid signed in pledge. >> grover publicly stated that the american people did not vote for an increase in taxes. that they kept republicans in the house and the senate to stop any tax increases. so, of course, the pressure continues. john boehner is dealing tw two tensions. he's trying to explain to his conference they have to increase leverage. they don't want to see a middle class tax hike as a result of them standing firm on all the brackets and then us going over the cliff and them being blamed. a political fight that would bruise them through 2013 and into '14, the year they want to pick up a majority in the senate and consolidate their majority in the house and look to the white house in 2016. so he's trying to convince them of the longer view while dealing with the fact many of them are extremely frustrated. they don't believe obama has a mandate, an
combine that on the other side with mcconnell as michael just pointed out and you have is there still a grover norquist impact, or has that evaporated or gone by the election? does that still exist, that pressure on republicans that sid signed in pledge. >> grover publicly stated that the american people did not vote for an increase in taxes. that they kept republicans in the house and the senate to stop any tax increases. so, of course, the pressure continues. john boehner is dealing tw...
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Nov 9, 2012
11/12
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MSNBCW
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mitch mcconnell made a statement saying the voters have not endorsed the failures or successes, simply given him more time to finish the job they asked him to do, together with a congress that restored balance to washington after two years of one-party control. now, not so fast. the actual number of votes cast for house seats favored the democrats by a half a million votes. this is no man dade for house republicans, but of course they're trying to swing a big stick again. there's a reason. republicans were able to capture more house seats with a majority of the vote. for example, look at pennsylvania in 2008. take a good look. where is the red? a lot of blue district, right? take a look at pennsylvania in 2012. wow. what happened? there's a lot more red. it's because democratic districts have been jerry mandered into unwinnable seats. you know, those republicans are pretty slick. reliability blue districts in the southwestern and southeastern part of pennsylvania were combined into comfortable red districts. real clear politics reported that last year pennsylvania underwent the gerryma
mitch mcconnell made a statement saying the voters have not endorsed the failures or successes, simply given him more time to finish the job they asked him to do, together with a congress that restored balance to washington after two years of one-party control. now, not so fast. the actual number of votes cast for house seats favored the democrats by a half a million votes. this is no man dade for house republicans, but of course they're trying to swing a big stick again. there's a reason....
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Nov 9, 2012
11/12
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WUSA
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and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he doesn't want to spend four years. the odds are very high the republicans will keep the house in 2014. does he really want four years of gridlock or does he want to take a big step, which is a gamble, open the door, sit down and have genuine conversations? and frankly, as he appoints some new cabinet officers, find some republicans that could serve in the cabinet, in a serious way, that would join ray la hood. he has really been sort of isolated as the secretary of transportation. >> we've seen some comments from both sides and yes we want to try to come up with an agreement, we want to try to exte
and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he...
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Nov 9, 2012
11/12
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CNBC
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. >> and i said this, mcconnell no longer wakes up and goes to sleep thinking i'm going to make this guy a one-termer and obama no longer thinks -- >> i hope you're right. >> he doesn't need to be reelected and mcconnell, the republicans don't need to keep him from being -- so both sides are in a position, that's what you're saying. >> joe, neither you nor i are as rich as governor romney so we can't bet $10,000 but i bet $1. >> wait a second. that's a cheap shot and i am nowhere near as rich but i'll bet you, i don't have to double what you're worth to get to romney. >> i don't -- >> see! >> ralph we cut you off before, you said there were three bs, the first was big, the second was balance. >> the second was balance between taxes and here again, let's talk a little bit about balance first, okay? because you have this massive schism between what's balanced. if you look at 2:1 or 3:1 or 4:1. >> in terms of spending cuts versus revenue raised. >> spending cuts versus revenue raised, 2:1 to 3:1, sounds like a massive gap. if it's 2:1, it's two-thirds expense reductions and one-third ta
. >> and i said this, mcconnell no longer wakes up and goes to sleep thinking i'm going to make this guy a one-termer and obama no longer thinks -- >> i hope you're right. >> he doesn't need to be reelected and mcconnell, the republicans don't need to keep him from being -- so both sides are in a position, that's what you're saying. >> joe, neither you nor i are as rich as governor romney so we can't bet $10,000 but i bet $1. >> wait a second. that's a cheap shot...
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Nov 8, 2012
11/12
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MSNBCW
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do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz will join us. >>> congresswoman gabby giffords will come face to face with the shooter who nearly took her life and the lives of 11 others. >>> why are we waiting on florida once again? we're going to talk to debbie wasserman schultz about her home state. president obama reelected. what should be the first thing on his agenda? . ♪ 99 bushels of wheat on the farm...99 bushels of wheat! ♪ [ male announcer ] yep, there's 8 layers of whole grain fiber in those mini-wheats® biscuits... to help keep you full... ♪ 45 bushels of wheat on the farm. 45 bushels of wheat! ♪ ...all morning l
do you think the president needs a beer summit, mitch mcconnell, john boehner? the three get together and figure out how to work together. >> we need to get everybody in the room. everybody should be at the table, and everything should be on the table, and the time is now to do that. >> my power panel, thanks so much, gentlemen. i appreciate your insights. coming up in just a few minutes, i'm going to have a chance to talk to dnc chairwoman, congresswoman debbie waserman schultz...
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Nov 8, 2012
11/12
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CSPAN
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in kentucky and mcconnell back j. grayson and rand paul won, so it caused a little problems and people were upset with him. but he has done a lot of work over the past two years to really hug rand paul so close to him, and he has let rand paul do just about whatever he wants to do on the senate floor. when rand paul says i want to go on the floor and cause a big stink about something, mitch mcconnell says, go right ahead. i am not going to try to stop you. and he is really sure of -- mitch mcconnell is such a talented's -- politician. he is so smart. and in my opinion i think he has done everything he could possibly do to prevent someone from having any -- even if somebody wanted to challenge him from the right, i think he has done about as he could possibly do to keep them at bay. >> of course, the other aspect of leadership transition in congress will be changes on the committees. you are a handy guide. -- should probably avert some of this to the question and answer period, and hopefully you will not feel limited t
in kentucky and mcconnell back j. grayson and rand paul won, so it caused a little problems and people were upset with him. but he has done a lot of work over the past two years to really hug rand paul so close to him, and he has let rand paul do just about whatever he wants to do on the senate floor. when rand paul says i want to go on the floor and cause a big stink about something, mitch mcconnell says, go right ahead. i am not going to try to stop you. and he is really sure of -- mitch...
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Nov 8, 2012
11/12
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CNBC
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certainly i thought senator mcconnell unfortunately didn't sound the same, positive note that the others did but look, the president made very clear that he is prepared to sit down across the aisle. in fact started calling republican colleagues. i've been part of, for a year and a half a group of six, it's now a group of eight. we have been working steadily, and there are other groups working. i believe our colleagues if they're prepared to act, will have options to consider when they return. >> i'm just wondering and senator, do you think it's possible that we don't have to -- will the democrats agree not to get to 39.2, is there something else they'd accept, some other way of revenue raising where that top marginal rate doesn't go back, that seems to be something that, ever since the president compromised that first time, it's like it's been set in stone they could never compromise again or the base will just say that he broke his promise. >> you know, there is more than one way to bell the cat, so why are people so fixed on 39.6? it's because of progressivity within the code. you can
certainly i thought senator mcconnell unfortunately didn't sound the same, positive note that the others did but look, the president made very clear that he is prepared to sit down across the aisle. in fact started calling republican colleagues. i've been part of, for a year and a half a group of six, it's now a group of eight. we have been working steadily, and there are other groups working. i believe our colleagues if they're prepared to act, will have options to consider when they return....
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Nov 11, 2012
11/12
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CNNW
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both boehner and mitch mcconnell said taxes will not go up, period. >> think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, excuse the expression, to skin a cat. i thought john boehner was emphatic when he said they're willing to open it with the right framework. thing this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargaining, the so-called lame duck session of the continuation. but i think you can scrape together enough to avoid sigh kwenltd strain. remember, they have to come up with only about $100 bill to set that aside. between spending cuts and loophol loopholes, i think you have to raise that. >> onpodesta, does the magts work, though, which is if you close produkz for the wealthy people, can you raise enough revenue? >> i think that's the fund mental question. >> well, i thnk the -- you know, this baurng the really contentious issue in the campaign. i think the only way do that is to take enough of a bite out of the plan. >> thing what the republicans would ar
both boehner and mitch mcconnell said taxes will not go up, period. >> think you're missing the second part of the sentence which is they're willing to consider new revenue. there are lots of ways, excuse the expression, to skin a cat. i thought john boehner was emphatic when he said they're willing to open it with the right framework. thing this is a two-step deal. i think it's too ambitious with too little time to get to the grand bargaining, the so-called lame duck session of the...
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Nov 16, 2012
11/12
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CNBC
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the question is, can boehner and mcconnell bring republicans? >> we are on the lookout for those who are going to be leaving the meeting in the hour or so to come and getting a clue as today has gone, we'll bring it to you. europe is about to close. we'll get the details and how it might affect the afternoon session with the dow still in the red. what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. we have so much technology in our store to really show the customers what's going on with their bodies. you can see a little more pressure in the shoulders and in the hips. ... now you can feel what happens as we raise your sleep number setting and allow the bed to contour to your individual shape. oh, wow. that feels really good. at sleep number we've created a collection of innovations dedicated to individualizing your comfort. the sleep number collection, designed around the innovative sleep number bed - a bed with dualair technology that allows you to adjust to the exact comfort your
the question is, can boehner and mcconnell bring republicans? >> we are on the lookout for those who are going to be leaving the meeting in the hour or so to come and getting a clue as today has gone, we'll bring it to you. europe is about to close. we'll get the details and how it might affect the afternoon session with the dow still in the red. what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. we have so much technology...
WHUT (Howard University Television)
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Nov 8, 2012
11/12
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WHUT
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reported that president obama after his victory call john boehner, the house speaker, as well as senator mcconnell, the senate minority leader, and both said they were sleeping in could not talk. >> this is the big theme of the republican right, a media echo chamber. this election, as haley barbour, the former governor of mississippi and former rnc chair said, pretty close to a tie. they love that concept that president of images nearly one. again, i emphasize that sometimes elections are best understood a day later or even two days later. washington state on the west coast is still in the process of counting votes. that only counted about 57% of their vote. that is a very democratic state. that is still piling on popular votes for obama. i do not want to sit and suggests that president obama is a perfect progressive. i don't actually charles krauthammer at all when he says barack obama is a man of the left. he may well have read many of the books of the left and that many people from the left, but my sense is that barack obama is a centrist and tended to be a very centrist presidents and troublin
reported that president obama after his victory call john boehner, the house speaker, as well as senator mcconnell, the senate minority leader, and both said they were sleeping in could not talk. >> this is the big theme of the republican right, a media echo chamber. this election, as haley barbour, the former governor of mississippi and former rnc chair said, pretty close to a tie. they love that concept that president of images nearly one. again, i emphasize that sometimes elections are...
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Nov 13, 2012
11/12
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WUSA
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anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the question, with no personal relationship and they're so politically far apart and beholden to their interests in the party, why should we expect that compromise will happen? >> i think that the future of the party, republican party very much depends on getting away from this view held by some in the public that they're just obstructionists. the other thing is that there are just too many things that are really important. like the bond rating, for example. there's a lot of talk now that if they don't work something out, we're likely to use another aaa bond rating, which costs the american taxpayer even more money. just too many things that have to be worked out. i think the main message from the election is we want you people to get together and do it. >> and business leaders saying fix it. >> but it's also a bit like -- nothing focuses the concentration like the feeling of the hangman's noose. and
anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the question, with no personal relationship and they're so politically far apart and beholden to their interests in the party, why should we expect that compromise will happen? >> i think that the future of the party, republican party very much depends on getting away from this view held by some in the public that they're just obstructionists. the...
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Nov 10, 2012
11/12
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"senate republican leader mitch mcconnell said that gop lawmakers will wait for mitt romney to take the lead on immigration policy. most members are interested in what romney has to say about this issue and we're going to withhold judgment until that tim time." mr. romney was not just the de facto leader of the republican party. he was the stated leader of the republican party. now that he's lost the presidency, nobody thinks he's going to continue to play the leader of the republican party. mr. romney is likely to move to la jolla, california, to spend more time with his car elevator. but in his short time as leader of the republican party, when he was their presidential nominee, he made leadership decisions about the party. about what the party looks like to the rest of the country. he made leadership decisions particularly in terms of who he would dignify with his embrace. who among everybody in the republican party he, mitt romney, leader of the party would privilege. who he would elevate. he elevated the republican guy who wrote arizona's papers please immigration legal cause. he w
"senate republican leader mitch mcconnell said that gop lawmakers will wait for mitt romney to take the lead on immigration policy. most members are interested in what romney has to say about this issue and we're going to withhold judgment until that tim time." mr. romney was not just the de facto leader of the republican party. he was the stated leader of the republican party. now that he's lost the presidency, nobody thinks he's going to continue to play the leader of the republican...
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Nov 9, 2012
11/12
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CSPAN2
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keep in mind the number one in two leaders will be mitch mcconnell and john cornyn. with all of that, we had some interesting messages for the two republican leaders on election eve. on election eve john boehner said as michael noted, hey we have as much of the a mandate as he does but that's softened the next day i saying we want to work with the president and we know we need a budget deal and we know we need revenues from that budget deal. mitch mcconnell on the other hand despite suffering a significant loss in his party and the senate was pugnacious and said there is no mandate for the failed policies for the president and cooperation, he better come to us and understand that if it doesn't pass through the house, it's a dead letter. you might take from that you have real opportunities in the house but the opposite is true. the fact is whether mitch believes it or not or was saying it for effect right now, the senate has a group of problem solvers who had been waiting to bust out after this election and we have already sena behind the scenes in the two months lead
keep in mind the number one in two leaders will be mitch mcconnell and john cornyn. with all of that, we had some interesting messages for the two republican leaders on election eve. on election eve john boehner said as michael noted, hey we have as much of the a mandate as he does but that's softened the next day i saying we want to work with the president and we know we need a budget deal and we know we need revenues from that budget deal. mitch mcconnell on the other hand despite suffering a...
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Nov 9, 2012
11/12
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FOXNEWS
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by the way, ultimately neither does baron or mcconnell. we are watching all of the prolific spending, the irresponsibility come crashing down around our heads. the markets cannot suffer much more of the irresponsibility. the i am pennsylvania maturity and the nonsense. we cannot continue to pay all of these bills. we are talking about a reckoning that is at hand. we call it the fiscal cliff taint's here. shannon: we can only hope the men and women of washington will come to the table and act like adults and think of country more than anything else. >> even if they don't do that the markets and the fiscal reality will bring them by the name -- bythe napes of their ne. what we have to hope is it happens before the markets crash in disappointment. shannon: when my parents found out i overextend my credit card in college. that didn't go away. lou dobbs, great to see you. >> reporter: i'll about it wasn't more than $5 or $10. >> we have taken a step forward. we are going to send a message around the world that marijuana prohibition has failed.
by the way, ultimately neither does baron or mcconnell. we are watching all of the prolific spending, the irresponsibility come crashing down around our heads. the markets cannot suffer much more of the irresponsibility. the i am pennsylvania maturity and the nonsense. we cannot continue to pay all of these bills. we are talking about a reckoning that is at hand. we call it the fiscal cliff taint's here. shannon: we can only hope the men and women of washington will come to the table and act...
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Nov 16, 2012
11/12
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FBC
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neil: the speaker, mcconnell, harry reid, nancy pelosi. >> one congressional aide told me, it sounds like this early in the process, believe it not, talking about early in the process even though the fiscal cliff to six weeks away, probably get a lot of nodding to my throat clearing, declarations about what we have heard of the last week which is a reiteration of the same position. by the way, congress is not in next week. neil: by the way, is this a lunch? >> this is a bronze, i think. neil: food tasters. what does the market do? >> i am worried about irreparable damage. it is one thing to talk about a short-term gain, long -- short-term pain, long-term gain. at some point you have to look at the markets, you have to look at employment, the number of people in poverty and food stamps, and that could all be really bad in the months that followed. neil: all right. in the meantime, have a lovely evening. we will be following it. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obvio
neil: the speaker, mcconnell, harry reid, nancy pelosi. >> one congressional aide told me, it sounds like this early in the process, believe it not, talking about early in the process even though the fiscal cliff to six weeks away, probably get a lot of nodding to my throat clearing, declarations about what we have heard of the last week which is a reiteration of the same position. by the way, congress is not in next week. neil: by the way, is this a lunch? >> this is a bronze, i...
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Nov 8, 2012
11/12
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KPIX
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let's look at mitch mcconnell, the leader of the republicans in the senate. he's got a reelection in 2014. does he cooperate because he's up for reelection or does he not cooperate because he's worried about a conservative primary challenge? john boehner, the house leader, he might want to cooperate but he's got 230 plus republicans all of whom are taking a different message from this election, some of whom were reelected because they said they don't want to cooperate. the president's motivation, he wants to get this so-called fiscal cliff out of the way so he can work on the bigger issues nancy talked about: energy, immigration. so that's what motivates him. in the end, the players didn't change. the question is whether their motivations did. >> pelley: john, thank you very much. the big story in the northeast wasn't politics today but the nor'easter that just blew in. the same places that were swamped by sandy are getting lashed tonight by high winds, rain, snow, and an angry sea that threatens to flood the shoreline all over again. more evacuations have be
let's look at mitch mcconnell, the leader of the republicans in the senate. he's got a reelection in 2014. does he cooperate because he's up for reelection or does he not cooperate because he's worried about a conservative primary challenge? john boehner, the house leader, he might want to cooperate but he's got 230 plus republicans all of whom are taking a different message from this election, some of whom were reelected because they said they don't want to cooperate. the president's...
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Nov 16, 2012
11/12
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CNN
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the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rates. now, there's a difference between raising tax rates and raising revenue, making people pay more by doing things which the republicans have suggested like, you know, capping loopholes or capping deductions, reducing deductions and that type of thing. so there is some type of room. right now, you know, you do have the sides going in a pretty hard position. >> the president's also under some pressure from his left flank. in the debt ceiling negotiations, a lot of people forget he seemed willing to tr
the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is...
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but i can say with in the senate, both harry reid and mitch mcconnell are friends of mine. both are dedicated to the institution, and both are very good dealmakers. neil: you just read my next point. he has just been reelected. of course. >> the president has to make the fiscal cliff and the long-term sustainability of our fiscal policy is the number one priority. i don't know, but it has to be. because of it's not, it's going to go in and for the next four years. >> i think it would be playing russian roulette so you can improve your leverage. neil: everything explodes. >> i believe he will negotiate in good faith -- he did so about a year ago. the president, i would have hoped, would have endorsed the simpson-bowles proposal. what i would like to see him be gone in the lame-duck session, and i hope his republican friends will join is having a default position. they are not going to solve the problems soon. >> but it will be an agreements between the two parties? >> it is not a calamity if they don't agree. [talking over each other] [talking over each other] neil: senator
but i can say with in the senate, both harry reid and mitch mcconnell are friends of mine. both are dedicated to the institution, and both are very good dealmakers. neil: you just read my next point. he has just been reelected. of course. >> the president has to make the fiscal cliff and the long-term sustainability of our fiscal policy is the number one priority. i don't know, but it has to be. because of it's not, it's going to go in and for the next four years. >> i think it...
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. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volati
. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the...
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already mitch mcconnell, john boehner and the posturing of with their corn to go. this summer, the grand bargain if they had some heavy debt reduction of revenue increases in taxes. the expiring borscht tax cuts that are on the table. the question is that john boehner is playing good cop and mitch mcconnell is plain bad cop. but they're not saying much different and what they have said from last summer. >> this is where the leadership passed to come into play were if there is corralling. and hurricane santee of the northern northeast corridor in now with another storm. what about that. there are two different sections that they have to do disaster relief for sandy to budget the money for fema and the second will be follow up. so there are not conditions on valley forge staten island. >> and also that administration. we are looking at the present administration. the secretary of state, and leon panetta is going to step down. treasury. and also he is leaving and commerce has been taken for a while. basically, in washington d.c. what most of the county is saying that
already mitch mcconnell, john boehner and the posturing of with their corn to go. this summer, the grand bargain if they had some heavy debt reduction of revenue increases in taxes. the expiring borscht tax cuts that are on the table. the question is that john boehner is playing good cop and mitch mcconnell is plain bad cop. but they're not saying much different and what they have said from last summer. >> this is where the leadership passed to come into play were if there is corralling....
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that maybe one which mcconnell does not participate. or it may be one in which he votes against mindful of 2014, but i don't think this time he can do what he did so masterfully for four years, which is to get everybody in unison, voting against things and voting for filibusters on everything. and a group of people that would include lamar alexander and bob corker and saxby chambliss and mike crapo and tom coburn and lisa murkowski and susan collins, and a number of others, are going to be moving somewhat in a different direction. the house, however, if you parse banners worked a little bit further, it was we know that's a more reverent of we can get them through more tax cuts. it was cut the rate and the revenues will come in. there is no commitment to something more than that and you have 90% or more of the house republicans who continue to stand by grover norquist pledge. that makes that kind of a plan emerging problem in. and the question becomes what they get a plan together, and get the senators which would probably pass the senat
that maybe one which mcconnell does not participate. or it may be one in which he votes against mindful of 2014, but i don't think this time he can do what he did so masterfully for four years, which is to get everybody in unison, voting against things and voting for filibusters on everything. and a group of people that would include lamar alexander and bob corker and saxby chambliss and mike crapo and tom coburn and lisa murkowski and susan collins, and a number of others, are going to be...
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wednesday, the business community and friday, there's a meeting with harry reid, mitch mcconnell, house speaker john boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows, untouchables, whatever the word might be, in your proposal, the one paul ryan decided not to back, the one barack obama decided not to back, you had an increase in the federal gasoline tax. caps on mortgage interest. charitable donations and retirement contributions. these were all top choices. you also increased the eligibility age for medicare and social security. reduced benefits for wealthier seniors. some of those things average democrats and republicans say they agree on, other, they loathe them. is there anything that should be untouchable? >> the problems are real, no easy way out. we've got to come up with at l
wednesday, the business community and friday, there's a meeting with harry reid, mitch mcconnell, house speaker john boehner and nancy pelosi. so, will we get a deal? one man getting a lot of attention is erskine bowles. did you ever think your name would be part of pop culture? you are the bowles in simpson bowles. >> better be simpson bowles than bowles simpson since everybody knows him by his initials here in washington. >> so, when you talk about things, sacred cows,...